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Dec 20, 2012
12/12
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sandy? a shooting? fiscal cliff? what about a weakening economy. a few jobs, no money. maybe that's a reason for this. not great, not stellar holiday shopping season and let's bring in carol ross, former investment banker, knows a thing or two about shopping and investment petailers, i'm saying, i'm tired of the excuses. i'm tired of hearing, oh, it's sandy or it's that or that and there's always an excuse when the economy starts to weaken, i just any the economy is weakening. what do you say? >> well, i agree, i mean, obviously, people have less money, they haven't been working and they're underemployed, but i do think that this is the big piece, stuart, this is pessimism. because you have to remember, even in the face of no money and no job, which has been going on for a while. consumer credit capacity actually has been increasing and consumers have been deleveraging and their home values have been going and theoretically they have more credit capacity, the fact that they're not using that capacity says to me, they're not optimistic about the future. >> i can see that
sandy? a shooting? fiscal cliff? what about a weakening economy. a few jobs, no money. maybe that's a reason for this. not great, not stellar holiday shopping season and let's bring in carol ross, former investment banker, knows a thing or two about shopping and investment petailers, i'm saying, i'm tired of the excuses. i'm tired of hearing, oh, it's sandy or it's that or that and there's always an excuse when the economy starts to weaken, i just any the economy is weakening. what do you say?...
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Dec 14, 2012
12/12
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sandy is turning into a pork wagon. the problem you have to get the money right to the victims of hurricane sandy. not to be christmas tree, a pork wagon to help out federal government agencies. we saw this after katrina. when i covered katrina you saw laptops, new lap tops for government employees. you saw things like soccer balls for some reason, new cell phones. so the thing is, you don't want this bill to be hung up in congress. those line items should be knocked out put into the budget. david: the incredible thing is while they're spending $15 million on a roof for the justice department, they're folks we all know living out in the cold and are still saying when will we hear from fema? >> that is a problem too. again and again, i'll tell you something, not to toot our own horn but i will, fox business is the only media outlet who has been on the story. you guys have been on it from day one, what is being done to help the hurricane sandy victims it. now we see it turning into a big pork wagon. that is a real problem
sandy is turning into a pork wagon. the problem you have to get the money right to the victims of hurricane sandy. not to be christmas tree, a pork wagon to help out federal government agencies. we saw this after katrina. when i covered katrina you saw laptops, new lap tops for government employees. you saw things like soccer balls for some reason, new cell phones. so the thing is, you don't want this bill to be hung up in congress. those line items should be knocked out put into the budget....
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Dec 30, 2012
12/12
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it's an emergency bill for sandy victims. it's typical of washington. exactly the type of thing that needs to stop in the city. frankly, it encourages young people like me who will have to pay for stuff like this and our future, pay the interest payments for this type of baloney. tom: where are the young people. you know, the and people turned out to vote in november. yet your generation is going to be the one hat puts -- foots the bill for all of this. where is a screaming? >> talking to young people. frankly, our organization and a few others i1 of the few organizations talking to young people who are conservative. many debt more conservative talking to young people, explaining these issues, going to college campuses not being afraid to get a college campuses demagogy and communities. right now we read them -- of, that's the liberal environmt. we can't go there which is why we're losing that battle. tom: the conversation takes place to sit connect the dots, listen, we thought we voted for this inspirational person. yet all we are getting is more debt
it's an emergency bill for sandy victims. it's typical of washington. exactly the type of thing that needs to stop in the city. frankly, it encourages young people like me who will have to pay for stuff like this and our future, pay the interest payments for this type of baloney. tom: where are the young people. you know, the and people turned out to vote in november. yet your generation is going to be the one hat puts -- foots the bill for all of this. where is a screaming? >> talking to...
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Dec 15, 2012
12/12
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that obviously has nothing to do with sandy. adam: that is so far away. will this become part of the fiscal cliff negotiations? could you have john boehner saying to the president we don't want to do this or boehner making the case we need this kind of spending? who stands where on that? i realize it will be going through the senate but where does this stand? >> i don't think house republicans will go for anything nearly this size. i'm hoping it is kept out of the fiscal cliff negotiations just because it is messy enough as it is. adding in this and all the other permutations that taxpayers will get a really bad deal. what is ironic. what is about the fiscal cliff? $110 billion across-the-board cuts are in 2013, the sequester. this is the $60 billion of extra ending. we're all wringing our hand trying to figure out about $110 billion in cuts. but at the same time they opened up a checkbook for $60 billion much with nothing to do with sandy. adam: let's reverse it. let's go to new york city. i saw better itry tunnel fill with water. mta swallowed 4 to $5 b
that obviously has nothing to do with sandy. adam: that is so far away. will this become part of the fiscal cliff negotiations? could you have john boehner saying to the president we don't want to do this or boehner making the case we need this kind of spending? who stands where on that? i realize it will be going through the senate but where does this stand? >> i don't think house republicans will go for anything nearly this size. i'm hoping it is kept out of the fiscal cliff...
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the labor department says no affect on sandy. there was some data that pointed to the fact that people were leaving the workforce because of sandy. >> the numbers speak for themselves. i do not think the full effects can be known until maybe a couple of weeks. there certainly are people that cannot go to work and have been laid off because businesses are out. there are all sorts of new jobs that have sprung up. i may head down there and start looking for a job myself. cheryl: construction, there was a loss of 20,000. most of us expected a little bit of a game and that ector. >> maybe it will take a little bit longer to give up. my brother is still out of his house. they cannot get anyone to do work on it yet. cheryl: let's go over to the cme. i know that metals has been a big focus for a lot of traders today. what are you watching? >> just the price action in gold. it really gives the feedback. people, you know, maybe a risk on trade. it jumps back to the 17th 04 daily highs. that makes me believe i want to belong before the meet
the labor department says no affect on sandy. there was some data that pointed to the fact that people were leaving the workforce because of sandy. >> the numbers speak for themselves. i do not think the full effects can be known until maybe a couple of weeks. there certainly are people that cannot go to work and have been laid off because businesses are out. there are all sorts of new jobs that have sprung up. i may head down there and start looking for a job myself. cheryl:...
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Dec 31, 2012
12/12
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bill greiner, sandy lincoln and, of course, larry shover. david: well, it's not just the threat of taxes rising next year, about 28 million families will owe the irs billions, more than expected, for in this year. it could include you. coming up next, liz macdonald with all the information about whether you're on this list that you don't want to be on. liz: plus, not many investors are willing to come back and look at tear predictions from a year -- at their predictions from a year ago, but we found one, teddy weisberg was on with dave and boldly predicted an exact number for the dow on this day. hear how close he came, coming up. come on up, teddy. we'll be with you in a minute. ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ why does my mouth feel dryer than i remember it to be? there are more pe
bill greiner, sandy lincoln and, of course, larry shover. david: well, it's not just the threat of taxes rising next year, about 28 million families will owe the irs billions, more than expected, for in this year. it could include you. coming up next, liz macdonald with all the information about whether you're on this list that you don't want to be on. liz: plus, not many investors are willing to come back and look at tear predictions from a year -- at their predictions from a year ago, but we...
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Dec 14, 2012
12/12
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profiting on superstar and sandy. of the government plans to make big bucks while the victims of the storms continue this effort. dennis: of the stick a look at some of today's winners over on the nasdaq. ♪ cheryl: and it's time for your westcoast minute. a judge has ordered walgreens to pony up 16 and a half million dollars to settle charges against its california stores. the lawsuit filed back in june accused the stores in california of illegally handling pesticides , bleach, paint and pharmaceutical waste. walgreens denied knowledge of the wrongdoing. now, a story from earlier this week. today oregon's governor heads to the state legislature to ask for a guarantee that lawmakers will not raise or change corporate taxes and estate. the second-largest employer, which is nike, the world's largest sneaker maker says it will create jobs and expand in business, but only if taxes do not go up there. president obama finally weighing in other recreational marijuana debate. the president says federal party should not targe
profiting on superstar and sandy. of the government plans to make big bucks while the victims of the storms continue this effort. dennis: of the stick a look at some of today's winners over on the nasdaq. ♪ cheryl: and it's time for your westcoast minute. a judge has ordered walgreens to pony up 16 and a half million dollars to settle charges against its california stores. the lawsuit filed back in june accused the stores in california of illegally handling pesticides , bleach, paint and...
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Dec 28, 2012
12/12
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sandy smith is there. what's going on, sandy? >> this is the stuff you don't see in a trade desk in the office or at home. the trade action picked up in the final minutes here. the s&p500 index of 500 stocks we watch every day closed at the top of the hour, at 14 # 0 # 2, hung on to the 1400 level. the futures, the pit i'm in, continues to trade for another 15 minutes. david, for those 15 minutes, we saw continuous selling. it continued to get hammered, and a trader said it was dallas rows, new lows of the session, and another said we fell on the lowest level in the front month futures contract to the lowest level since thanksgiving. the news that president obama did not come up with a new plan when meeting with congress just now, not good news for the markets, and we closed at session lows for the s&p 500 futures, probably indicating there's selling when trading reopens tonight and tomorrow morning as well. david: fasten the seat belts, a bumpy weekend and monday morning of trading, well below the 1400. shibani: dropping a perce
sandy smith is there. what's going on, sandy? >> this is the stuff you don't see in a trade desk in the office or at home. the trade action picked up in the final minutes here. the s&p500 index of 500 stocks we watch every day closed at the top of the hour, at 14 # 0 # 2, hung on to the 1400 level. the futures, the pit i'm in, continues to trade for another 15 minutes. david, for those 15 minutes, we saw continuous selling. it continued to get hammered, and a trader said it was dallas...
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Dec 15, 2012
12/12
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sandy -- safety first at sandy hook. it is a beautiful day for our annual evacuation drill. they had included an image of that. when it was time for the installation of the new doorbell sent out a letter to the hair rents and said quote please understand with nearly 700 students and over 1,000 parents representing 500 families most parents will be asked to show identification. that is you ring the doorbell you might have to show some identification. as he hawe detailed apparently recognized the shooter because that was nancy's son. with you don't know full-time for whatever. within two minutes that kid with a gun killed her. >> james rose enis over in washington now. the president yesterday spoke emotionally. he said not as a president, i speak to you now as a parent. understands what he was going through and what we are all going through. listen. >> those who died today were children. beautiful little kids between the ages of 5 and 10 years old. they had their entire lives ahead of them. birthdays, graduations, weddings, kids of their own. >> yesterday the president of the
sandy -- safety first at sandy hook. it is a beautiful day for our annual evacuation drill. they had included an image of that. when it was time for the installation of the new doorbell sent out a letter to the hair rents and said quote please understand with nearly 700 students and over 1,000 parents representing 500 families most parents will be asked to show identification. that is you ring the doorbell you might have to show some identification. as he hawe detailed apparently recognized the...
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using sandy, a lot of problems that were, you know, bught to the floor as a result of sandy. i don't know that climate change is the number one one, i mean, it could be where we are living. i mean, the type of insurance that we're buying and selling, what the government is backing, where we allow people to build homes. there's a lo of issues that we might want to tackle before we talk abo climate change related to sandy. neil: when you spend money to address a problem, you need money to address the problem. >> great point. neil: i wonder whher you believe climate change, warming, manmade or not, but they force the issue. i'm wondering whether it's democrats or liberals are over reading the election? i think it's safe to say there's a fair organization, -- fair argument, that raising taxes on the rich was a conseqnce of the election. all the other stuff is a leap. >> there's -- >> as far as what you leverage f. winning by a couple points does not turn into a mandate that everybody's behavior in how they cnsume energy sign up for changing that, increased energy prices, vehicles
using sandy, a lot of problems that were, you know, bught to the floor as a result of sandy. i don't know that climate change is the number one one, i mean, it could be where we are living. i mean, the type of insurance that we're buying and selling, what the government is backing, where we allow people to build homes. there's a lo of issues that we might want to tackle before we talk abo climate change related to sandy. neil: when you spend money to address a problem, you need money to address...
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Dec 10, 2012
12/12
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look no further than superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million dollars short of the revenue it expected to bring in, because when you raise taxes, some people leave. check the big board. same old same old same old. the dow is flat, up just 23 points in the early going this monday morning. here is our company: sandra smith is with us. the conservative commentator is with us. and nicole petallides is there on the floor of the new york stock exchange. here we go, new at 10:00, the latest climate change rant from former vice president al gore. he blames pollution for causing climate change, which h
look no further than superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million...
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Dec 19, 2012
12/12
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also, hurricane sandy emergency workers. lou: our hearts go out to all who lost their lives, who have suffered so much. whether it be in newtown, connecticut, or new york were so many still suffer. we are a nation that seems to be, whether it be by the leadership of our elected officials, whether it be the president or others, we seem to be focusing on victimization. we seem to be focusing on victims rather than those who are prevailing. we are focusing less on what we do with honor and great, great sacrifice to achieve much. instead, we seem to be focusing on those that would limit us and that that which is the worst among us. lori: you have focused any times about leadership and lack thereof. interesting that time .2 a leader. lou: i hope not too many people are. lori: my point is, we do not have a choice at this point. lou: well, we do. the president, after all, is just the president. the speaker is just a speaker. we are fundamentally americans. americans are despite all still a classless society. people are trying to di
also, hurricane sandy emergency workers. lou: our hearts go out to all who lost their lives, who have suffered so much. whether it be in newtown, connecticut, or new york were so many still suffer. we are a nation that seems to be, whether it be by the leadership of our elected officials, whether it be the president or others, we seem to be focusing on victimization. we seem to be focusing on victims rather than those who are prevailing. we are focusing less on what we do with honor and great,...
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superstorm sandy having an impact as well. customers in the northeast headed to dealerships with insurance checks in hand giving them so-called wealth effect. we have the foxnews.com automotive editor with sandy ace impact on car sales and overall industry check as well. great to see you. >> you too. lori: talk about sandy. we saw cars literally floating out to see. you automatically thought this would be a boon for the auto industry. what was your take? >> definitely helped. there were 200 to 250,000 cars destroyed. not quite that many were sold last month but played into the increase we saw to a certain extent. used car sales were not up as much. true car.com estimating 4%. lori: give the time of year i was reading that the storm and length of time on average people holding onto the cars is like 11 years is actually giving support to overall car prices. can you comment on that? >> yes. sales, transaction prices were up. so were incentives. so kind of balanced itself a little more. people are spending more on cars. shoving a
superstorm sandy having an impact as well. customers in the northeast headed to dealerships with insurance checks in hand giving them so-called wealth effect. we have the foxnews.com automotive editor with sandy ace impact on car sales and overall industry check as well. great to see you. >> you too. lori: talk about sandy. we saw cars literally floating out to see. you automatically thought this would be a boon for the auto industry. what was your take? >> definitely helped. there...
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Dec 14, 2012
12/12
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we get a 600 billion-dollar bill for hurricane sandy date. surprisingly or maybe not surprisingly enough, we have $23 million for tree planting that is most likely not in new york or new jersey. $4 million for new equipment for the fbi and $2 million that is for the nixonian root. do they think that we are stupid and that we are not going to realize what they're doing? >> they really must. i was working in the senate during hurricane katrina. just a wasteful process. we basically gave a lot of these localities a blank check, and that is being what is proposed here. there are billions of dollars in replacement of vehicles for government officials. agencies should go back and get back to us rather than ask for a blank check they can buy new this and that whatever they put the money into a. tracy: that's right. we are talking about cutting defense, and yet we have 40 million appropriated military bases, including cuba. it makes no sense to me. what this says is they still don't get it. they still don't get the pages fill free to blow our money.
we get a 600 billion-dollar bill for hurricane sandy date. surprisingly or maybe not surprisingly enough, we have $23 million for tree planting that is most likely not in new york or new jersey. $4 million for new equipment for the fbi and $2 million that is for the nixonian root. do they think that we are stupid and that we are not going to realize what they're doing? >> they really must. i was working in the senate during hurricane katrina. just a wasteful process. we basically gave a...
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Dec 10, 2012
12/12
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the jerseys can industry suffered the biggest drop thanks to superstar sandy. atlantic city's casino revenue slipped nearly 28%. each of the city's 12 casinos reported declines with for down for a month. we continue our "countdown to the closing bell" with liz claman. liz: the fiscal cliff talk is everywhere, always good to be hearing about lately, but is there really something else that can be bubbling under the surface that could send the market into a tailspin that we should be talking about now? join me in a fox business exclusive, 2003 nobel laureate in economics and nyse will institute director. he has a whole institute for volatility. spotting risk. we thought let's bring you in and talk about noo the fiscal cliff of the three hidden risks people should be talking about but aren't. how did you identify them? >> there are lots of things people worry about, but which of the really big ones and what kind of a timefram time frame ae talking about? decade?out next week or next we talk about the big risk to have to look further in the future. liz: the next yea
the jerseys can industry suffered the biggest drop thanks to superstar sandy. atlantic city's casino revenue slipped nearly 28%. each of the city's 12 casinos reported declines with for down for a month. we continue our "countdown to the closing bell" with liz claman. liz: the fiscal cliff talk is everywhere, always good to be hearing about lately, but is there really something else that can be bubbling under the surface that could send the market into a tailspin that we should be...
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Dec 22, 2012
12/12
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if we did not have sandy would be even better. neil: who are most of your customers at this late stage? >> because we have a flower and gift shops, flower business picks in this past week, but before thaa lot of gift food businesses. chocolates, cookies, gift baskets. those are the businesses. really doing well. the right price point. you can eat the gift, cheryl will, enjoyable. so the strongest right up until this week. you can still order. but now the flower business has picked in this week. neil: the smartest thing you i've always heard, you can never go wrong with food. >> and we stole that thick to victory farm stuff. neil: the class stuff in washington. it can be an impulse purchase. i can just add, the uncertainty. >> about the uncertainty, jobs. the more negative news, the democrats are republicans, it's just not good for business of the consumer psyche. >> a ways on the consumer sentiment. you don't need it. you saw last month for the first time consumer sentiment which have been building since the spring took a backward
if we did not have sandy would be even better. neil: who are most of your customers at this late stage? >> because we have a flower and gift shops, flower business picks in this past week, but before thaa lot of gift food businesses. chocolates, cookies, gift baskets. those are the businesses. really doing well. the right price point. you can eat the gift, cheryl will, enjoyable. so the strongest right up until this week. you can still order. but now the flower business has picked in this...
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al gore using sandy to go to war over climate change. here's an inconvenient truth for the president. now, al gore is taking on him as well. >> this storm was related to global waing. we cannot have four more years of mentioning this occasionally, and saying it's too bad that the and saying it's too bad that the congress can't act. ins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i ed to rethink the core of my portfolio. at i really ne is eep. introducing the isharecore, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors oose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of incipal. i heard you guys can ship ground for less than the ups store. that's right. i've learned the ly way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get
al gore using sandy to go to war over climate change. here's an inconvenient truth for the president. now, al gore is taking on him as well. >> this storm was related to global waing. we cannot have four more years of mentioning this occasionally, and saying it's too bad that the and saying it's too bad that the congress can't act. ins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i ed to rethink the core of my portfolio. at i really ne is eep....
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charles: another hearing on hurricane sandy today. the victims are feeling that they are not being heard. >> fema is doing nothing. they still keep going around in a circle. a lot it is a joke. charles: this staten island resident says washington is losing focus on hurricane sandy. to be frank with you, from day one, staten island did not release been high on list of priorities. a lot of people felt that way then. how are you feeling? >> i agree with you. it seems like staten island is a forgotten puddle. you know, we are being forgotten about. i started to wonder is it because it's a republican town? because most people are republicans here. and is this because the majority of people that get loaded for office are republican. the president said when i met with them that fema works for him. and results are going to happen. it still hasn't. charles: i remember that. of course, your outburst at one of these recent meetings, when i thought the first time, i actually had goosebumps because i could feel the passion and pain. also, discussi
charles: another hearing on hurricane sandy today. the victims are feeling that they are not being heard. >> fema is doing nothing. they still keep going around in a circle. a lot it is a joke. charles: this staten island resident says washington is losing focus on hurricane sandy. to be frank with you, from day one, staten island did not release been high on list of priorities. a lot of people felt that way then. how are you feeling? >> i agree with you. it seems like staten island...
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industry-wide because of sandy. toyota said they they 400,000 cars were damaged in sandy, a boost to gm and ford. look at the stock there. ford stock not harmed by news of another recall for them. that recall's interesting because they don't have a great fix for that, but, you know, didn't hurt the stock. sales, obviously, still pretty good, really bringing it to toyota on those electric and those hybrid sales. good for u.s. auto makers as well. there's the headlines. auto industry. >> jeff from chicago. >> literally up to speed. >> ha-ha, very good. >> thank you, couldn't resist. >> well -- >> ups and amazon have jobs in the shipment facilities, but there's not a way to fill them. tell you why. >> all right. the idea that the president should negotiate the debt deal with congress on c-span, they should televise the whole thing. realistic or something we would ever want to watch? neil cavuto, we'll see what he thinks of it. heath coming up live in studio, but, first, markets here on "markets now," and here's the win
industry-wide because of sandy. toyota said they they 400,000 cars were damaged in sandy, a boost to gm and ford. look at the stock there. ford stock not harmed by news of another recall for them. that recall's interesting because they don't have a great fix for that, but, you know, didn't hurt the stock. sales, obviously, still pretty good, really bringing it to toyota on those electric and those hybrid sales. good for u.s. auto makers as well. there's the headlines. auto industry. >>...
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Dec 14, 2012
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a mass shooting at sandy hook elementary. there are at least 26 fatalities, 18 children, eight adults. there are no active shoot is. the gunman took his own life. we're hearing reports a second gunman was taken into police custody. we're learning that the gunman was a 20-year-old male. we're moments away from a police news conference. we are reporting there were two handguns cover recovered at scene. a glock and a sig sauer. this press conference is just beginning. we'll bring it to you live momentarily. we'll go to the press conference. get it, record it and bring it to you momentarily. lori: gives new meaning to the term, mousetrap. alleged flaw in microsoft's internet explorer could have attackers following every move of your mouse. shibani joshi has the details. more invasion of privacy is this? >> well, it's a flaw in the internet explorer security browser. so basically what the attackers are doing, they're going in and watching what you're doing with your mouse and your activity over all on the browser. this has the pot
a mass shooting at sandy hook elementary. there are at least 26 fatalities, 18 children, eight adults. there are no active shoot is. the gunman took his own life. we're hearing reports a second gunman was taken into police custody. we're learning that the gunman was a 20-year-old male. we're moments away from a police news conference. we are reporting there were two handguns cover recovered at scene. a glock and a sig sauer. this press conference is just beginning. we'll bring it to you live...
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missouri businessman is posing as aecret santa giving away $100,000 in hundred dollar bills to hurricane sandy survivors. this generosity is matched only by his humility. he insists on remaining anonymous and not being photographed all. here is a clue. he and his security entourage have been spotted with red caps watch with the word. [indiscernible] we all love hundred dollar bills, but not everyone feels the same way about the dollar bill. a new report arguing we should get rid of the dollar bill and reace it with a heavier, but longer lasting dollar coin. why? they say because doing so would save us about $146 million per year. if we want to wage a war on currency, maybe they should think about getting rid of the penny. by some estimates t would save the $60 million per year. it costs to and a half cents to make every penny. now, that is a government at work. two and half cents for every penny. president obama planning to meet with governors next week as part of his effort to talk with people about avoiding the fiscal cliff. members of the national governors' association executive committee
missouri businessman is posing as aecret santa giving away $100,000 in hundred dollar bills to hurricane sandy survivors. this generosity is matched only by his humility. he insists on remaining anonymous and not being photographed all. here is a clue. he and his security entourage have been spotted with red caps watch with the word. [indiscernible] we all love hundred dollar bills, but not everyone feels the same way about the dollar bill. a new report arguing we should get rid of the dollar...
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david: sandy in for liz today, good to see you. san da: good to see you. david: jpmorgan whale trader, the senate's been investigating it. questioning as many as 80 people who may have been associated. we're expecting some breaking news any moment now about that investigation. l. >> and we'll have that for you as it comes in. david: let's go to lauren simonetti. she's at the new york stock exchange. lauren, let's start right off, what's happening? the market is down 56 points on the dow right now. dell, however, had a nice pop today based on what goldman sachs was saying about it. >> exactly. goldman upgrading the stock all the way to a buy from a sell. it was one of the best performers not only on the s&p 500, but also on the nasdaq 100. so dell certainly a winner today. >> and, lauren, we saw you wearing your uggs on the trading floor, deckers outdoor the maker of those boots, it's getting a nice pop. >> up more than 9%. the folks over at stern ag upping the stock to a buy but also saying the season of the ugg is going to be august of
david: sandy in for liz today, good to see you. san da: good to see you. david: jpmorgan whale trader, the senate's been investigating it. questioning as many as 80 people who may have been associated. we're expecting some breaking news any moment now about that investigation. l. >> and we'll have that for you as it comes in. david: let's go to lauren simonetti. she's at the new york stock exchange. lauren, let's start right off, what's happening? the market is down 56 points on the dow...
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Dec 20, 2012
12/12
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that was in bad shape even before sandy. that is the kind of stuff this irks mccain, this is taking good money, and taxpayers po who for2whofork it over on a good r. and you remember these guys, helpers patting each other on the back. >> we're pleased that under leadership of janet napolitano and fema. >> fema has been fantastic. >> you hear nothing but good things g about fema about this continues to be my number one priority. neil: that is what really annoys the storm victims, not so much help was immediately on the way, but they were high five each other, fooling the nation to thinking that help was already there. let's say staten islander, wall street veteran said, not every penny goes to victims, it goes to politicians, john, taken it to his own hands to help out people with volunteer project. wide wednesday respect among everybody. >> thank you, neil. neil: what do you think of this? all this money, and a lot not going to those affected? >> i wish i could get into my true staten island vernacular to express the words,
that was in bad shape even before sandy. that is the kind of stuff this irks mccain, this is taking good money, and taxpayers po who for2whofork it over on a good r. and you remember these guys, helpers patting each other on the back. >> we're pleased that under leadership of janet napolitano and fema. >> fema has been fantastic. >> you hear nothing but good things g about fema about this continues to be my number one priority. neil: that is what really annoys the storm...
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Dec 11, 2012
12/12
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with the response to sandy a is warranted? >> should fema and get mooe money? >> you hate to say nobody wants them to be efficient with their distribution. neil: -- fema needs to look at their mistakes it is dangerous. they have not learned anything. they should get on top of this get the people housing and tell the house are rebuilt. >> you know, because it is your home. i am not oblivious. >> why does the administration get a pass? >> the story was written a great response maybe it was bereday number six it was terrible. number 10 and number 12 there were closing the office. the narrative losses amid tender of a. this should not be the way to respond in the future. we should learn. you always make mistakes but always looked how we cure those for the future. you wonder how much have they fixed? >> neil: switch gears on the budget impasse talk the fiscal cliff for the brink. many say republicans give away the store. >> if they do, they are with tax hikes but no reduction of spending then they give away the store. >> they have to enforce the promise. neil: that
with the response to sandy a is warranted? >> should fema and get mooe money? >> you hate to say nobody wants them to be efficient with their distribution. neil: -- fema needs to look at their mistakes it is dangerous. they have not learned anything. they should get on top of this get the people housing and tell the house are rebuilt. >> you know, because it is your home. i am not oblivious. >> why does the administration get a pass? >> the story was written a...
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Dec 15, 2012
12/12
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of big to during the chief economist to said he would think confidence is down because of hurricane sandy but it is because of the election and small businesses. their job creator. >> absolutely. they're actually not doing anything they are not sure what to expect the longer with the fiscal cliff nonsense and then we have obamacare everybody is very concerned and the choice is do nothing. said the small-business community sits and waits. that is not what we want for our country. tracy: resaw the cap that six -- capex spending come to a halt. everybody is in no holding pattern? >> absolutely remember as small business owner the hiring and the individual person is such a bigger impact. they take those decisions because they don't know what is coming up ahead. on the big business side what is overlooked how many small-business owners are affected. the rich is the small business owners to our tax through the past three entities. >> when you file the schedule c it is part of the individual tax return. then you bring in some business is not a lot of money at the end of the day. >> it is arbitra
of big to during the chief economist to said he would think confidence is down because of hurricane sandy but it is because of the election and small businesses. their job creator. >> absolutely. they're actually not doing anything they are not sure what to expect the longer with the fiscal cliff nonsense and then we have obamacare everybody is very concerned and the choice is do nothing. said the small-business community sits and waits. that is not what we want for our country. tracy:...
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we have learned that in our area with superstorm sandy. is there anything you can do locally to make a difference? do you have to wait for the president to give you money and declare this state or is there anything locally that can be done or privately? >> no. actually, i think federally is wre we're going to have to look to see a solution to this problem. that and t the sky for rain. we need this process of blasting these rock pinnacles to be expedited as fast as possible. we need more water to be released out of the missouri river and missouri river basin and we'll need more rain otherwise it will be huge economic impact to the american consumer. melissa: let's talk about that. besides the fact this is pretty astounding and a lot of us don't know it is going on it will ultimately impact us because if there are $7 billion worth of goods going through this area that has a domino effect to the rest of the country interms of prices. what could we expect to see in the rest of the country? >> i think what you can see as direct example is you h
we have learned that in our area with superstorm sandy. is there anything you can do locally to make a difference? do you have to wait for the president to give you money and declare this state or is there anything locally that can be done or privately? >> no. actually, i think federally is wre we're going to have to look to see a solution to this problem. that and t the sky for rain. we need this process of blasting these rock pinnacles to be expedited as fast as possible. we need more...
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Dec 15, 2012
12/12
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it was not damaged because of sandy. it was damaged before sandy. no wonder americans for tax reform is so upset. i guess this shouldn't surprise us, but more to come, i suspect? >> right, neil, this is why as we talk about the fiscal cliff and debating what can be done, anyone who's not telling you spending needs to be on the table and need to cut spending as part of the deal and solution is not serious. as you've seen, as soon as there's money, even the whiff of money on the tail, every agency on the board bellying up to the federal trough saying they need money, the smithsonian, the fbi, everyone all the sudden has a sandy-storm related cost they need paid for by the federal government. neil: you know what's weird? i was trying to think through the smithsonian, everyone is going to try to justify for why they need the money. they can have app exhibit later on to talk about deadliest storms to hit america, and we need the roof fixed, but it gets to stretch the imagination, and just credibility of the washington and how it gets money out, but big s
it was not damaged because of sandy. it was damaged before sandy. no wonder americans for tax reform is so upset. i guess this shouldn't surprise us, but more to come, i suspect? >> right, neil, this is why as we talk about the fiscal cliff and debating what can be done, anyone who's not telling you spending needs to be on the table and need to cut spending as part of the deal and solution is not serious. as you've seen, as soon as there's money, even the whiff of money on the tail, every...
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Dec 27, 2012
12/12
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i think it was mastercard spending pulse saying it actually not the fiscal cliff, it was superstorm sandy. >> right. adam: at the end. day are consumers pulling back? doesn't matter if it was the storm or fear they're pulling back, right. >> that was a real good point you made. mastercard said this these numbers were becoming a concern for the consumer back in october. the national retail federation had projected holiday sales would go up about 4.1%. adam: yep. >> that is some growth but it is nowhere near the 5.6% we saw lt year. there is a little bit of a slowdown. also we have to look at the consumer sentiment numbers. it is coming in at the month of december around 72 points. that is 10 points less than at its high in july. so we're definitely seeing that consumer slowdown happen even way before the fourth quarter. adam: you're with therf. you're with the national retail federation, are you not. >> no. i'm an independent analyst. adam: excuse me. a lot of people like the nrf but what are the repercussions whether for the nrf or anybody? nrf, they're sticking to it. they're not revisin
i think it was mastercard spending pulse saying it actually not the fiscal cliff, it was superstorm sandy. >> right. adam: at the end. day are consumers pulling back? doesn't matter if it was the storm or fear they're pulling back, right. >> that was a real good point you made. mastercard said this these numbers were becoming a concern for the consumer back in october. the national retail federation had projected holiday sales would go up about 4.1%. adam: yep. >> that is some...
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gerri: sandy is an issue. >> sandy is a issue. it is temporary. people absorb the fear and move on. it is a great time to buy. time-shares are still lange wishing. i know, who wants a time-share? if you want a time-share you could get it for 30 cents on the dollar. gerri: wow! that is big discount looking for a discount out there. that is great advice. what other advice can you give to people trying to get rid of their house right now? they're trying to sell, trying to unload a house? maybe they lost a lot of value in that property? >> listen, it is no fun to lose value in a house and have to adjust to the idea you're going to get less money but what is great about the market less now you have another 30% increase in buyers out there. you have one-third fewer homes for sale. you have less competition and more people who want them. you have also out there is buyers are believing that the best part of the market might be gone. and that really pushes them into the market and gives you a higher bid. i think homeowners right now the best is yet to come. for buyers, the best already has h
gerri: sandy is an issue. >> sandy is a issue. it is temporary. people absorb the fear and move on. it is a great time to buy. time-shares are still lange wishing. i know, who wants a time-share? if you want a time-share you could get it for 30 cents on the dollar. gerri: wow! that is big discount looking for a discount out there. that is great advice. what other advice can you give to people trying to get rid of their house right now? they're trying to sell, trying to unload a house?...
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Dec 24, 2012
12/12
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. >> part of it is hurricane sandy and part of it's the tragedy from newtown, connecticut. david: people are afraid to go out and shop? >> they're not in the mood. one quote in an article talk people think it's better to spend time with family. shopper tracker is finding that people shopping for the week that ended december 15th down 4.3%. overall they've adjusted what they think the holiday seen will be. and they've adjusted that it will be a growth of 2.5%. and thought it would be 3.3%. national retail federation is keeping their prediction of growth 4.1%. real quick, i don't know if we have the graphic available. if you invest in retailer, boy have the on-line retailers done gang busters and even the shopper track survey even on-line wasn't performing as well as last year. overall this year for shopping, the on-line stock is doing much better. >> meanwhile, j.c. penney can we put up the stock chart, intraday what it's doing? it's up almost # 4% today. does that surprise you? >> the brick and mortar retailers are up for the year. the on-line retailer, theirs is up. and on
. >> part of it is hurricane sandy and part of it's the tragedy from newtown, connecticut. david: people are afraid to go out and shop? >> they're not in the mood. one quote in an article talk people think it's better to spend time with family. shopper tracker is finding that people shopping for the week that ended december 15th down 4.3%. overall they've adjusted what they think the holiday seen will be. and they've adjusted that it will be a growth of 2.5%. and thought it would be...